Despite slow VC deals as a result of COVID-19, interest in AI funding saw a sustained momentum in 2020.
The COVID-19 pandemic has undeniably impacted businesses of all sizes and types. It has instigated companies to explore and implement innovative approaches to survive the new normal. Despite the pandemic overwhelmed the industry, enterprises’ spending on artificial intelligence continues seeing an upward trend. Many companies have accelerated their IT spending, especially for AI technology, to keep their business going. The year 2020 has been an exciting year in terms of VC deals in growing crops of startups that leverage AI
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